Blueheath Holdings PLC
07 December 2004
December 7 2004
Blueheath Holdings plc
£10 million of New Account Wins
Leading delivered wholesaler Blueheath has continued its flow of contract
successes with new annual contracts to the value of £10million being awarded in
An extension to its deal with forecourt operator Malthurst accounts for almost
£4m of the latest business wins. The balance accrues from new customers among
the smaller and medium sized retail chains in both the convenience and petrol
Blueheath has broadened its customer penetration since its highly successful
flotation on the AIM market in July this year. The company now has several new
customers in the petrol forecourt and cinema outlet sectors and is making
progress in the food service sector.
Commenting, Blueheath CEO Douglas Gurr said;
'We are particularly delighted with these wins as they demonstrate enthusiasm
from new customers who are excited about our offer and also existing customers
who have experienced the benefits of the Blueheath proposition.
We are also very encouraged by the interest we are experiencing from these new
medium sized chains.'
For further information, please contact :
Blueheath Holdings plc Tel: 020 7689 2455
Douglas Gurr, Chief Executive Tel: 020 7689 2464
Simon Mindham, Finance Director
Buchanan Communications Tel: 020 7466 5000
Mark Edwards / Nicola Cronk / Tom Carroll email:email@example.com
SRPR Tel: 020 7794 1166
Julie Shmueli email:firstname.lastname@example.org
Notes to editors:
Blueheath is a wholesaler of groceries to convenience stores in the £16.4
billion UK grocery wholesale sector. The Group sells and arranges the
distribution of approximately 3,100, primarily ambient, product lines to over
1,400 independent and multiple retail and leisure outlets within the UK.
Blueheath's innovative technology-driven business model is founded on the basic
principles of stripping out unnecessary supply chain costs and overheads and
passing on financial and operational benefits to customers. This enables
Blueheath to offer customers a wholesale delivery service of groceries at close
to Cash & Carry prices.
Blueheath achieves cost savings in three ways:
1. Operating on low stock levels through the use of sophisticated, proprietry
stock prediction technology.
2. Using spare distribution capacity through its partnership with British
Bakeries and other operators.
3. The extensive use of process automation to minimise administration costs.
This information is provided by RNS
The company news service from the London Stock Exchange